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Forex Market Daily Technical Analysis of USD/CAD

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3940 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3940 with first target at 1.3890 and second target at 1.3860 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of USD/CAD Sybmol in 30M Time Frame Chart is: 1.3940 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of USD/CAD: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 1.3990
  • Resistance Level 2: 1.3965
  • Resistance Level 1: 1.3940

Technical analysis of USD/CAD: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 1.3890
  • Support Level 2: 1.3860
  • Support Level 3: 1.3840

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 1.3940 with first target at 1.3890 and second target at 1.3860 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3940 with first target at 1.3965 and second target at 1.3990 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of USD/CAD

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